New World Development Note Exchange and Cancellation
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Bloomberg reports that New World Development expects to exchange and cancel existing notes with an aggregate principal amount of US$199.28 million after settlement on the final payment date. The report did not mention the specific terms of the notes, the reason for the exchange, or the impact on the company's finances. There is currently only this one development in the matter, and further developments remain to be seen.
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- 明報·每日經濟Bloomberg: New World Expects to Exchange and Cancel US$199 Million of Existing Notes
Bloomberg reports that New World Development expects to exchange and cancel existing notes with an aggregate principal amount of US$199.28 million after settlement is completed on the final payment date.
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